Want to create an interactive transcript for this episode?
Podcast: Beyond Currency
Episode: 12 March 2021 - Bailey sees light at the end of tunnel
Description: "Andrew Bailey the Bank of England Governor sees a light at the end of the tunnel for the economy as the country begins to emerge from the yearlong effect of the restrictions driven by the Pandemic.
Bailey supports the steps taken by the Chancellor recently but acknowledges that inflation may be a consideration going forward. The initial rise in the rate of inflation may be technical as the collapse of fuel prices a year ago falls off the annual calculation.
Such an event won’t spur any action from the Bank which has, so far nor been as keen to di...